Fantastic startup advice from Marc Andreessen 15 years ago. https://t.co/slnUkIGB5j
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Fantastic startup advice from Marc Andreessen 15 years ago. https://t.co/slnUkIGB5j
Marc Andreessen explained how this has worked in tech: “All of the ideas that people had in the 1990s were basically all correct. They were just early.” The infrastructure necessary to make most tech businesses work didn’t exist in the 1990s. But it does exist today. So almost every business plan that was mocked for being a ridiculous idea that fai... See more
collaborativefund.com • Experts From a World That No Longer Exists · Collaborative Fund
When startups consume incumbents, they usually start by serving some small but important market that the big players ignore.
Paul Graham • How to Get Startup Ideas
I've never taken the perspective of "build a cool piece of technology and see where it goes." It's more or less been based on an intuition about a hole in the market—or, more accurately, a future hole in the market. At any given time, you've got to have a technology roadmap in your mind and a market roadmap as to where things are headed—b
... See moreJessica Livingston • Founders at Work: Stories of Startups' Early Days
The first time Peter Thiel spoke at YC he drew a Venn diagram that illustrates the situation perfectly. He drew two intersecting circles, one labelled "seems like a bad idea" and the other "is a good idea." The intersection is the sweet spot for startups.
Paul Graham • Black Swan Farming
The primary thing that any technology startup must do is build a product that’s at least ten times better at doing something than the current prevailing way of doing that thing. Two or three times better will not be good enough to get people to switch to the new thing fast enough or in large enough volume to matter. The second thing that any techno
... See moreBen Horowitz • The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers
Ironically, once a startup is successful, and you ask the founders what made it successful, they will usually cite all kinds of things that had nothing to do with it. People are terrible at understanding causation. But in almost every case, the cause was actually product/market fit.
Marc Andreessen • The only thing that matters
A crowded market is actually a good sign, because it means both that there's demand and that none of the existing solutions are good enough. A startup can't hope to enter a market that's obviously big and yet in which they have no competitors. So any startup that succeeds is either going to be entering a market with existing competitors, but armed ... See more